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Confidential Listing E

76 Unit Mobile Home Park $2,409,699 CAD ($31,707 CAD/Unit) 9.70% Cap Rate Orrville, OH 44667

Mobile Home & RV Parks Ohio Orrville Confidential Listing E, Orrville, OH 44667

Investment Highlights

  • Value Add
  • Opportunity to Reduce Expenses
  • Top Line Growth

Executive Summary

Looking for an investment opportunity with potential? Welcome to our mobile home park and apartment building nestled in a serene setting. With 54 spacious lots, each equipped with a trailer, our park presents a unique chance to enter the real estate market or expand your portfolio. While not all trailers are currently occupied, demand is high, evidenced by a waiting list for our cozy units. Attached financials showcase the park's stability and potential for growth, with tenant-financed lots offering steady returns. Plus, with the added bonus of a 22-unit efficiency apartment building, there's ample opportunity for additional revenue streams. Not to mention, our property boasts self-sufficient utilities, including a private well and EPA-compliant sewage treatment plant, ensuring low operating costs. Take advantage of this promising investment opportunity today! Contact us for more information and to schedule a viewing.

Attachments

Sale_Brochure

Data Room Click Here to Access

  • Market Information
  • Operating and Financials

Property Facts

Price $2,409,699 CAD Building Class C
Price Per Unit $31,707 CAD Lot Size 9.12 AC
Sale Type Investment Building Size 9,556 SF
Cap Rate 9.70% No. Stories 1
No. Units 76 Year Built 1954
Property Type Multifamily Parking Ratio 3.76/1,000 SF
Property Subtype Manufactured Housing/Mobile Home Corridor Exterior
Price $2,409,699 CAD
Price Per Unit $31,707 CAD
Sale Type Investment
Cap Rate 9.70%
No. Units 76
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Building Class C
Lot Size 9.12 AC
Building Size 9,556 SF
No. Stories 1
Year Built 1954
Parking Ratio 3.76/1,000 SF
Corridor Exterior
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PROPERTY TAXES

Parcel Number 27-00991-000 Improvements Assessment $0 CAD
Land Assessment $5,450 CAD Total Assessment $5,450 CAD

PROPERTY TAXES

Parcel Number
27-00991-000
Land Assessment
$5,450 CAD
Improvements Assessment
$0 CAD
Total Assessment
$5,450 CAD

zoning

Zoning Code commercial
commercial
(937) 206-1925

Contacts

  • Listing ID: 31523277

  • Date on Market: 2024-04-16

  • Last Updated:

  • Address: Confidential Listing E, Orrville, OH 44667

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Confidential Listing E
(937) 206-1925 x

Confidential Listing E

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Douglas Klang

(937) 206-1925

(937) 206-1925

Corrin Harper

(937) 631-5529

(937) 631-5529

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